CDD (Customer Due Diligence)
Definition
The baseline KYC and risk assessment performed on every customer at onboarding. Distinct from Enhanced Due Diligence applied to higher-risk profiles.
Why it matters
Related terms
- EDD (Enhanced Due Diligence)Compliance
A higher-tier KYC and source-of-funds review applied to high-risk customers, including PEPs and high-net-worth players.
- KYC (Know Your Customer)Compliance
The identification, verification, and risk assessment of players, performed at onboarding and refreshed periodically. The foundation of AML compliance and one of the largest sources of conversion friction.
- AML (Anti-Money Laundering)Compliance
The body of regulation, internal policy, and tooling operators must implement to detect and prevent the use of gambling products to launder the proceeds of crime.
- eKYCCompliance
Fully electronic identity verification using database lookups, document scanning, and biometrics, replacing traditional manual document checks where regulation permits.
- PEP (Politically Exposed Person)Compliance
A category of higher-risk customer (senior public officials, their family members and close associates) subject to enhanced due diligence under AML frameworks.
- Sanctions ScreeningCompliance
The continuous compliance process of checking player and counterparty records against OFAC, UN, EU, and other sanctions lists. A foundational AML control.
- Verification TierCompliance
A defined level of customer identity verification, typically corresponding to permitted activity levels. Operators apply tiered verification to balance friction and compliance.